Follow the on-screen guide to complete the process.Tap on “Portfolio” to open your cash management section.Add your bank account as a payment method to your Coinbase account.The app supports ACH funds transfer, meaning you can move money between your bank account and Coinbase in seconds. Select “Wire Transfer” and then follow the on-screen instructions to complete the process.Ĭoinbase is also available for Android devices.Once you’ve linked your bank account, open the “Portfolio” page.If you don’t have the app, you can get it on Google App Store for free. Open your Coinbase mobile app and enter your credentials to sign in.To add cash via a bank-wire transfer, here’s what to do: As with iPhones, you can do this via a bank wire transfer, ACH transfer, or PayPal. If you’ve opened a Coinbase account via its dedicated Android app, you can easily add cash to your account in preparation for crypto transactions. How to Deposit Money in Coinbase From an Android Phone Select “Bank Account” from the available options.Tap on “Portfolio.” This should open a new section where you can manage your fiat wallet.The Coinbase app for iPhones also supports ACH funds transfer. Follow the on-screen prompts to complete the process.Select “Wire Transfer” from the available options.Open your Coinbase mobile app and sign in.iOS devices support the following deposit methods: (a) Bank-Wire Transfer If an iPhone is your mobile device of choice, you can use it to deposit funds into your Coinbase account. How to Deposit Money in Coinbase From an iPhone Follow the on-screen instructions to complete the process.Click on “Currency Type” and select “USD.”.Click on “Deposit” under the “Wallet Balance” submenu.Click on “Trade.” This will open your transaction management section.Link your PayPal account to your Coinbase account. These days, you also have the option to add funds straight from your PayPal account. (c) PayPalĬoinbase initially allowed customers to top up their accounts using either a bank-wire transfer or an ACH transaction. This method won’t work if you want to deposit funds and start trading on the same day. The only downside is that ACH bank transfers take three to five days. Click on “Deposit USD” to complete the process.Īnd that’s it.Enter the amount you’d like to deposit.Note that the bank account will only appear here if it’s already linked to your Coinbase account. Select your bank account from the dropdown menu.Select “Deposit” from the “Wallet Balance” submenu.Click on “Trade” to open your transaction management section.Link your bank account to your Coinbase account.Instead, the money flows through a licensed, external clearinghouse. Unlike a wire, an ACH transfer doesn’t utilize your bank’s in-house transfer system. But what is it, and how does it work?Īn ACH (Automatic Clearing House) bank transfer is an electronic system used to move money between banks. If you aren’t comfortable paying $10 to deposit funds into your Coinbase account via a wire transfer, you could try an ACH bank transfer that’s 100% free. The wire transaction must include your preference code or Coinbase account number.The wire must be initiated from an account already linked to your Coinbase account.The wire must be initiated from a U.S.-based bank account.This means you can’t initiate a wire transfer from someone else’s account The name of the bank wire must match the name on your Coinbase account.In addition, Coinbase will only accept wires if the following conditions are met: On the downside, each wire transfer will cost you $10. PT, the money will hit your account on the same day. In fact, if you initiate the process by 1 p.m. Once you’ve initiated a bank-wire transfer, the money is credited to your Coinbase account within 24 hours. Follow the on-screen instructions to completer the process.
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